Bearish flow noted in Caesars (CZR) with 19,248 puts trading, or 4x expected. Most active are Nov-25 23 puts and 10/3 weekly 23 puts, with total volume in those strikes near 13,400 contracts. The Put/Call Ratio is 7.34, while ATM IV is up over 1 point on the day. Earnings are expected on November 4th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CZR: